Measurement and Pattern Evolution Analysis of Supply-side and Demand-side Dual Circulation Development of China's Manufacturing Industry
Based on the accounting framework of value-added trade and from the per-spective of dual value chain embedding,this paper calculates the dynamic evolution trend,in-dustry heterogeneity and international comparison of the internal and external circulation de-velopment of China's manufacturing industry on the demand-side and the supply-side respec-tively.The results show that the growth of China's manufacturing industry is mainly driven by the internal circulation,and the dominant advantage of the internal circulation is obvious.Rel-atively speaking,the output of China's manufacturing low-tech industry comes more from do-mestic factor input,and the output of high-tech industry comes more from foreign factor input.Manufacturing powers,such as China,the United States,Japan,and Brazil are relatively weak in their reliance on the international circulation,emerging economies in the rapid growth stage is more dependent on the role of the external circulation,especially in the capital,technology-intensive industries.
ManufacturingDemand-side Dual CirculationSupply-side Dual Circula-tionDual Value ChainDomestic Value Chain
万方数据
维普
